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North End Multifamily Investment
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2104 N 18th St, Boise, ID 83702

Five-unit property in Boise's desirable North End neighborhood.

Property Size2,732 SF
Price / SF$439.24
Days on Market167

Property Features for 2104 N 18th St

General Information

Standard status Active
Size 2,732 SF
Property subtype Multifamily
Zoning R-1CH

Building Details

Year Built 1947
Listing Agency: KW Commercial Boise
Listed By: Julia Trompke · License #SP54583
Source: Crexi
Added: Mar 19 Changed: Aug 31 Last Checked: Jul 22 at 10:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Boise

Investment Insights

Based on property information with market context.

Located in Boise’s highly desirable North End, the multifamily property at 2104 N 18th Street offers a rare investment opportunity. The property is situated in a sought-after residential neighborhood with limited housing supply, within walking distance of Hyde Park's restaurants, coffee shops, neighborhood amenities, Camel’s Back Park, and the Boise Foothills trail system. The property has historically operated as a mix of furnished short-term and longer-term furnished rentals, providing operational flexibility. The existing five-unit density is a key advantage, especially given current zoning and historic district regulations that make similar multifamily development difficult to replicate. Ample on-site parking is available, a valued amenity in the North End. Current rents range from approximately $1,250 to $1,450 per unit, with potential for rental upside. Market rents in the area support approximately $1,650 per unit with the addition of an on-site laundry facility, presenting an opportunity to increase income through strategic management and modest operational improvements. A small shared laundry facility could be easily added on site, providing an additional tenant amenity while also generating ancillary income and supporting rent growth. The property size is 2,732 square feet.

Key Highlights

  • Irreplaceable location in Boise's highly desirable North End, near Hyde Park, Camel's Back Park, and the Boise Foothills trail system.
  • Existing five‑unit density is grandfathered in, as current zoning and historic district regulations make similar multifamily development extremely difficult to replicate.
  • Opportunity to increase rental income to approximately $1,650 per unit by adding an on‑site laundry facility and strategic management.

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Auto Repair Shop HVAC Service Kitchen & Bath Showroom Big Box & Wholesale Store Auto Parts Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

267
Businesses Nearby

Demographics for 83702, ID

23,951
Population
12,771
Households
1.9
Avg Household Size
40
Median Age
61%
College-Educated
97%
High-School Grad
31.4 sq mi
ZIP Area
763
Density / Sq Mi
$82,586
Median Household Income
$48,200
Median Earnings
$1,175
Median Rent
$708,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit property in Boise's desirable North End neighborhood.
Where is this apartment building located?
The property is located at 2104 N 18th St Boise, ID.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Irreplaceable location in Boise's highly desirable North End, near Hyde Park, Camel's Back Park, and the Boise Foothills trail system.; Existing five‑unit density is grandfathered in, as current zoning and historic district regulations make similar multifamily development extremely difficult to replicate.; Opportunity to increase rental income to approximately $1,650 per unit by adding an on‑site laundry facility and strategic management.
More about this property
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